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    • Price cut: $75K (9/25)
    $1,774,000

    5 Salem Street, Portland, ME 04102

    4beds
    2,720sqft
    : 
    $11,672/mo
    Get pre-qualified
    Single Family Residence
    Built in 2024
    2,613 Square Feet Lot
    $1,942,900 Zestimate®
    $652/sqft
    $-- HOA

    What's special

    Statement islandGlimpses of casco bayNew natural gas rangeNatural lightAbundant natural lightStriking two-story light shaftSoaring ceilings
    A rare opportunity to own a truly distinctive contemporary residence in Portland's coveted West End, now newly priced. Custom-built with an emphasis on architecture, natural light, sustainability, and year-round comfort, 5 Salem Street is a one-of-a-kind home unlike anything else on the Peninsula. Be sure to watch the new property film to experience the architecture, light, and exceptional indoor-outdoor living this home offers. Designed across three levels, the home features 3 bedrooms, 2 full baths and 1 half bath, soaring ceilings, dramatic translucent elements, and a striking two-story light shaft that fills the interior with natural light. Therma-Steel insulated panels, Marvin windows, Boral siding, and Azek trim contribute to its energy efficiency and distinctive design. The spectacular 2026 kitchen features rift-cut oak cabinetry, integrated storage, a statement island, paneled refrigerator, black granite countertops and backsplash, and premium Thermador appliances, including a new natural gas range. An appliance garage, coffee station, custom dining credenza, motorized blinds, and new washer and dryer add thoughtful function. The top floor is crowned by a sun-drenched winter garden beneath skylights and a translucent roof system, capturing abundant natural light and glimpses of Casco Bay. Six covered porches extend the living space outdoors, while an enclosed backyard provides rare private outdoor space. The ground level includes a studio with kitchen, full bath, private entrance, and outdoor space- offering flexibility for guests, a home office, creative studio, or rental use. A climate-controlled garage is a rare Peninsula amenity. Just moments from Portland's restaurants, the Old Port, and waterfront, 5 Salem Street offers an extraordinary opportunity to own a modern architectural masterpiece in one of Portland's most desirable neighborhoods. Join me for the Open House Saturday, October 3 11:00 AM-12:30 PM
    93 days
    1,091
    43

    Zillow last checked:

    Listing updated:

    Listed by:

    Peninsula Real Estate LLC

    Source: Maine Listings,MLS#: 1670068MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      Primary bedroom
      • Features: Balcony/Deck, Closet, Full Bath, Suite
      • Level: Second
      Bedroom 2
      • Features: Balcony/Deck, Walk-In Closet(s)
      • Level: Third
      Bedroom 3
      • Features: Skylight
      • Level: Third
      Bedroom 4
      • Features: Balcony/Deck, Full Bath, Laundry/Laundry Hook-up
      • Level: First
      Other
      • Features: Balcony/Deck, Full Bath, Laundry/Laundry Hook-up
      • Level: First
      Kitchen
      • Features: Eat-in Kitchen, Gas Fireplace, Kitchen Island
      • Level: Second
      Sunroom
      • Features: Four-Season, Heated, Skylight
      • Level: Third
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Microwave, Gas Range, Refrigerator
      Features
      • 1st Floor Bedroom, In-Law Floorplan, Shower, Walk-In Closet(s), Primary Bedroom w/Bath
      • Flooring: Concrete, Tile, Wood
      • Windows: Double Pane Windows
      • Basement: None
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,720
      • Total interior livable area: 2,720 sqft
      • Finished area above ground: 2,720
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Other, 1 - 4 Spaces, Heated Garage, Tandem
      • Garage spaces: 2
      Accessibility
      • Accessibility features: Level Entry
      Features
      • Levels: Multi/Split
      • Patio & porch: Deck, Glassed-in Porch, Patio
      • Has view: Yes
      • View description: Scenic
      • Body of water: Casco Bay
      Lot
      • Size: 2,613 Square Feet
      • Features: City Lot, Neighborhood, Sidewalks, Landscaped
      Details
      • Parcel number: PTLDM057BK019001
      • Zoning: RN-4
      • Other equipment: Internet Access Available

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Structural Insulated Panels, Concrete, Other, Wood Siding
      • Foundation: Poured Concrete
      • Roof: Membrane,Metal,Other
      Condition
      • Year built: 2024

      Utilities & green energy

      • Electric: Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public
      Green energy
      • Energy efficient items: Water Heater, LED Light Fixtures, Other/See Internal Remarks
      • Water conservation: Air Exchanger

      Community & HOA

      Location
      • Region: Portland

      Financial & listing details

      • Price per square foot: $652/sqft
      • Tax assessed value: $584,600
      • Annual tax amount: $17,166
      • Date on market: 7/2/2026
      • Exclusions: Alarm System

        Estimated market value

        $1,942,900

        $1.85M - $2.04M

        $4,738/mo

        Price history

        DateEventPrice
        9/25/2026Price change$1,774,000-4.1%$652/sqft
        Source: Maine Listings #1670068 Report a problem
        8/1/2026Price change$1,849,000-7.1%$680/sqft
        Source: Maine Listings #1670068 Report a problem
        7/2/2026Listed for sale$1,990,000+24.4%$732/sqft
        Source: Maine Listings #1670032 Report a problem
        10/18/2024Sold$1,600,000$588/sqft
        Source: Maine Listings #1585936 Report a problem
        9/30/2024Pending sale$1,600,000$588/sqft
        Source: Maine Listings #1585936 Report a problem
        9/24/2024Price change$1,600,000-10.9%$588/sqft
        Source: Maine Listings #1585936 Report a problem
        7/22/2024Price change$1,795,000-9.1%$660/sqft
        Source: Maine Listings #1585936 Report a problem
        5/13/2024Price change$1,975,000-10.2%$726/sqft
        Source: Maine Listings #1585936 Report a problem
        4/15/2024Listed for sale$2,200,000+29.4%$809/sqft
        Source: Maine Listings #1585936 Report a problem
        7/27/2023Listing removed--
        Source: Maine Listings #1557521 Report a problem
        9/15/2022Listed for sale$1,700,000+900%$625/sqft
        Source: Maine Listings #1543181 Report a problem
        12/18/2018Sold$170,000-12.8%$63/sqft
        Source: Maine Listings #1357104 Report a problem
        7/26/2018Price change$195,000-13.3%$72/sqft
        Source: Portside Real Estate Group #1357104 Report a problem
        6/20/2018Listed for sale$225,000$83/sqft
        Source: Portside Real Estate Group #1357104 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$8,424 $584,600
        2023$8,424 +125.5%$584,600 +113%
        2022$3,736 +44.8%$274,500 +148%
        2020$2,580 $110,700
        2019$2,580 -4.9%$110,700 -8.3%
        2018$2,713 -17.2%$120,700 -20.3%
        2017$3,278 +2.6%$151,400
        2016$3,196 +2.3%$151,400
        2015$3,123 +3.1%$151,400
        2014$3,028 +3%$151,400
        2013$2,939 +3.2%$151,400
        2012$2,849 +2.9%$151,400
        2011$2,768 +3.1%$151,400
        2009$2,686 $151,400
        2008$2,686 +8.8%$151,400
        2006$2,469 $151,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: West End

        Getting around

        90 / 100
        Walker's Paradise
        50 / 100
        Good Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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